OpenChime, a startup that allows users to get online quotes and information from an array of local service providers, today announced that it has raised $700K in seed funding from Lightbank, the Chicago investment firm started by Groupon co-founders Eric Lefkofsky and Brad Keywell. OpenChime was apparently discovered by Lightbank Partner Paul Lee and represents his first investment since joining… → Read More
Lee is joining Lightbank from Playboy Enterprises where he was Managing Director and Group Head of the company’s digital ventures group. Prior to joining Playboy, Lee was a Senior Vice President for the… → Read More
Eric Lefkofsky and Brad Keywell, two of Chicago’s best-known tech entrepreneurs, plan to invest as much as $10 million annually in early-stage technology companies through a new fund dubbed Lightbank.
The goal is to provide early-stage startups with seed financing, ranging from 100k to $1 million and fund companies with up to $10 million on an annual basis for the next 10 years. In addition to… → Read More